TAT Technologies Announces Potential Impairment of Certain Assets

GEDERA, Israel, November 11, 2010 /PRNewswire-FirstCall/ -- TAT
Technologies Ltd. (Nasdaq: TATT), a leading provider of services and products
to the commercial and military aerospace and ground defense industries, today
announced that in the process of preparing its interim financial statements
as of September 30, 2010 and in accordance with policies and practices
customary to it and to its subsidiaries (herein after "Group Companies"), TAT
periodically evaluates the fair value of certain assets of the Group
Companies. These valuations are conducted with the assistance of independent
valuation companies.

Initial indications of the above mentioned tests and of a draft valuation
received by the Company suggest that material impairment might be required
with respect to the fair value of certain assets.

As a results, it appears that the Company might record a loss in its
interim financial statements for the periods ended on September 30, 2010.

It should be noted that at this time in the process of preparing the
interim financial statements it also appears that the Company does not expect
any material adverse changes in its revenues and gross profit for the third
quarter of 2010, compared with the second quarter of 2010.

It should also be noted that the information set forth above is still an
estimate based upon partial data gathered at the Company. The complete data
used in the preparation of the interim financial statements is being
processed and analyzed and is yet to be reviewed by the company's auditors.
Accordingly, changes to the information stated above are possible.

About TAT Technologies LTD

TAT Technologies LTD is a leading provider of services and products to
the commercial and military aerospace and ground defense industries.

TAT operates under three operational segments: (i) OEM of Heat Transfer
products (ii) OEM of Electric Motion Systems; and (iii) MRO services, each
with the following characteristics.

TAT's activities in the area of OEM of Heat Transfer products primarily
relate to the (i) design, development, manufacture and sale of a broad range
of heat transfer components (such as heat exchangers, pre-coolers and
oil/fuel hydraulic coolers) used in mechanical and electronic systems
on-board commercial, military and business aircraft; and (ii) manufacture and
sale of environmental control and cooling systems and (iii) a variety of
other electronic and mechanical aircraft accessories and systems such as
pumps, valves, power systems and turbines.

TAT's activities in the area of OEM of Electric Motion Systems primarily
relate to the design, development, manufacture and sale of a broad range of
electrical motor applications for airborne and ground systems. TAT activities
in this segment commenced with the acquisition of Bental in August 2008.

TAT also holds 37% in First Aviation Services, a world-wide distributor
of products and services to the aerospace industry and a one-stop-shop for
MRO services (wheels, breaks, propellers and landing gear) for the General
Aviation Industry.

TAT's executive offices are located in the Re'em Industrial Park, Neta
Boulevard, Bnei Ayish, Gedera 70750, Israel, and TAT's telephone number is
+972-8-862-8500.

Safe Harbor for Forward-Looking Statements

This press release contains forward-looking statements which include,
without limitation, statements regarding possible or assumed future operation
results. These statements are hereby identified as "forward-looking
statements" for purposes of the safe harbor provided by the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
involve risks and uncertainties that could cause our results to differ
materially from management's current expectations. Actual results and
performance can also be influenced by other risks that we face in running our
operations including, but are not limited to, general business conditions in
the airline industry, changes in demand for our services and products, the
timing and amount or cancellation of orders, the price and continuity of
supply of component parts used in our operations, and other risks detailed
from time to time in the company's filings with the Securities Exchange
Commission, including, its annual report on form 20-F and its periodic
reports on form 6-K. These documents contain and identify other important
factors that could cause actual results to differ materially from those
contained in our projections or forward-looking statements. Stockholders and
other readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date on which they are
made. We undertake no obligation to update publicly or revise any
forward-looking statement.